Market revenue in 2023 | USD 3,152.0 million |
Market revenue in 2030 | USD 8,210.1 million |
Growth rate | 14.7% (CAGR from 2023 to 2030) |
Largest segment | Probiotic food & beverages |
Fastest growing segment | Probiotic Dietary Supplements |
Historical data | 2017 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Probiotic Food & Beverages, Probiotic Dietary Supplements, Animal Feed Probiotics |
Key market players worldwide | Arla Foods, BioGaia AB Class B, Danone SA, DuPont de Nemours Inc, General Mills Inc, Lifeway Foods Inc, Kerry Group PLC Class A, Nestle SA, Probi AB, Yakult Honsha Co Ltd, Chr. Hansen, i-Health, Lallemand, Mother Dairy |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to probiotics market will help companies and investors design strategic landscapes.
Probiotic food & beverages was the largest segment with a revenue share of 60.5% in 2023. Horizon Databook has segmented the Japan probiotics market based on probiotic food & beverages, probiotic dietary supplements, animal feed probiotics covering the revenue growth of each sub-segment from 2017 to 2030.
Japan is a major consumer of probiotics across the world has a significant share in probiotics market in Asia Pacific owing to the high number of long-term probiotic consumers in the country. Regulatory agencies in Japan have placed probiotic-based products into a different category of food, namely, foods for specific health uses (FOSHU).
Probiotics are used in beverages and functional food, animal feed, and dietary supplements in the country. Products based on probiotics are distributed through various channels, such as online retail stores, convenience stores, specialty stores, and supermarkets/hypermarkets, so that they reach the targeted consumers.
Japan has one of the highest life expectancies in the world, and as the population ages, the demand for probiotic dietary supplements increases. Older adults are more prone to digestive issues such as constipation, bloating, and indigestion, and as a result, there is always a high demand for products that can help alleviate these symptoms.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan probiotics market , including forecasts for subscribers. This country databook contains high-level insights into Japan probiotics market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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